Market Overview
Home Prices in Ocracoke, NC
The median home value in Ocracoke, NC is $552,006 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.1% compared to a year ago and up 6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ocracoke are priced35% above average.
Over the past five years, Ocracoke home values have risen by approximately25.8%, reflecting strong long-term appreciation in this market.
Price History
Ocracoke Home Price Trend
2020
$423,412
$423K
—
2021
$438,886
$439K
+3.7%
2022
$516,991
$517K
+17.8%
2023
$511,148
$511K
-1.1%
2024
$521,403
$521K
+2.0%
2025
$552,756
$553K
+6.0%
2026
$552,006
$552K
-0.1%
City Comparison
Ocracoke vs. National Median
🏠 Ocracoke
$552,006
National Median
$410,000
At $552,006, homes in Ocracoke cost 35% above the national median of $410,000. Buyers in Ocracoke should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Ocracoke?
20% Down Payment
$110,401
on $552,006
Monthly P&I
$2,879/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,656/mo
incl. taxes & insurance
Income Needed
$146,240
gross annual (30% rule)
10% Down Option
$55,201
+ PMI applies
Loan Amount (20% dn)
$441,605
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ocracoke, NC?
The median home value in Ocracoke is $552,006 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.1% year-over-year.
How much have home prices changed in Ocracoke?
Over the past year, home values in Ocracoke have decreased by 0.1%. Over five years, prices have risen approximately 25.8%.
How much do I need to earn to buy a home in Ocracoke?
To comfortably afford the median home price of $552,006 with a 20% down payment ($110,401) at today's rates (6.8%), you'd need a gross annual income of approximately $146,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Ocracoke compare to the national average home price?
The national median home value is approximately $410,000. At $552,006, homes in Ocracoke are 35% above the national average.